Euro Forecast Directory - Page #121
A round up of the latest Euro forecast news items from the Currency News desk.
MUFG: Euro to Dollar Rate Tipped to Strengthen to 1.14 by End-2024
8 Jan 2024 at 7 AM - Written by Frank Davies
STORY LINK MUFG: Euro to Dollar Rate Tipped to Strengthen to 1.14 by End-2024
MUFG foreign exchange analysts forecast that the Euro to Dollar (EUR/USD) exchange rate will strengthen to 1.14 at the end of 2024.
On a shorter-term view, MUFG forecasts EUR/USD at 1.08 at the end of the first quarter and other banks are also less confident that EUR/USD can advance in the short term.
Scotiabank, for example, considers...
CATEGORIES: Euro Dollar Forecasts
Pound to Euro Forecast 2024-2025: Consensus at 1.1520
8 Jan 2024 at 7 AM - Written by John Cameron
STORY LINK Pound to Euro Forecast 2024-2025: Consensus at 1.1520
Rabobank forecasts that the Pound to Euro (GBP/EUR) exchange rate will strengthen to 1.1905 at the end of 2024.
In contrast, ING expects that GBP/EUR will slide to 1.1110 on a 12-month view.
The consensus forecast in the latest Reuters poll was for GBP/EUR to trade slightly weaker at 1.1520 by the end of 2024.
According to...
CATEGORIES: Pound Euro Forecasts
Euro to Dollar Rate Not in a Position to Challenge 1.10
4 Jan 2024 at 5 PM - Written by James Fuller
STORY LINK Euro to Dollar Rate Not in a Position to Challenge 1.10
The dollar was unable to make any headway against European currencies ahead of Thursday’s New York open, but posted tentative net gains following stronger than expected US jobs data.
Following the US data, the Euro to Dollar (EUR/USD) exchange rate retreated to 1.0940 from 1.0970, but selling was limited as equities resisted...
CATEGORIES: Euro Dollar Forecasts
Pound to Euro Outlook: Scope to 1.1630 say ING Analysts
4 Jan 2024 at 5 PM - Written by Frank Davies
STORY LINK Pound to Euro Outlook: Scope to 1.1630 say ING Analysts
The Pound to Euro (GBP/EUR) exchange rate posted net gains on Wednesday with a test of the 1.1600 level and corrections were very limited.
The latest UK data releases suggested that the economy was more likely to steer away from recession, especially as a further decline in mortgage rates should help underpin the housing...
CATEGORIES: Pound Euro Forecasts
Pound to Euro Exchange Rate: Weaker Equities Limit Sterling Buying Interest
3 Jan 2024 at 9 PM - Written by David Woodsmith
STORY LINK Pound to Euro Exchange Rate: Weaker Equities Limit Sterling Buying Interest
The Pound to Euro exchange rate was unable to hold 1.1565 highs on Tuesday with a retreat to 1.1520 before a fresh advance to 1.1550 on Wednesday.
GBP/EUR will still find it difficult to make significant headway if equities remain under pressure.
The FTSE 100 index traded close to 0.5% lower on Wednesday with a 0.7% retreat for the...
CATEGORIES: Pound Euro Forecasts
Pound to Euro Rate Recovery Attempt Stumbles as Sterling on Defensive
2 Jan 2024 at 8 PM - Written by John Cameron
STORY LINK Pound to Euro Rate Recovery Attempt Stumbles as Sterling on Defensive
Both the Euro (EUR) and Pound Sterling (GBP) came under significant pressure against the dollar on Tuesday.
The Pound to Euro (GBP/EUR) exchange rate briefly recovered to highs above 1.1560 before a fresh retreat to near 1.1520 amid fragile global risk conditions.
Trading volumes remained relatively low and there was substantial...
CATEGORIES: Pound Euro Forecasts
Euro to Dollar Forecast 2024: EUR/USD Retreats on January Blues
2 Jan 2024 at 8 PM - Written by John Cameron
STORY LINK Euro to Dollar Forecast 2024: EUR/USD Retreats on January Blues
The Euro to Dollar (EUR/USD) exchange rate posted a 5-month high just below 1.1140 on December 28th before a retreat to around 1.1040 on the final trading day of 2023.
The Euro posted further sharp losses on Tuesday with EUR/USD dipping to just below the 1.1000 level.
Seasonal elements will be potentially important with the Euro...
CATEGORIES: Euro Dollar Forecasts
Euro to Dollar Outlook: 1.15 by 2025, 1.18 by 2026
24 Dec 2023 at 9 AM - Written by David Woodsmith
STORY LINK Euro to Dollar Outlook: 1.15 by 2025, 1.18 by 2026
Currency strategists at Rabobank expect the Euro to Dollar exchange rate will weaken to 1.05 on a 3-month view and will be held to highs of 1.12 over the next two years.
BNP Paribas, however, expects EUR/USD will strengthen to 1.15 at the end of 2024 and 1.18 at the end of 2025.
Euro (EUR) at Four-Month Best Against US Dollar (USD)...
CATEGORIES: Euro Dollar Forecasts
Pound to Euro: Danske Bank Forecasts Sterling at 1.1235 in 12 Months
24 Dec 2023 at 9 AM - Written by John Cameron
STORY LINK Pound to Euro: Danske Bank Forecasts Sterling at 1.1235 in 12 Months
Foreign exchange analysts at Danske Bank expect that the Pound to Euro exchange rate will weaken to 1.1235 on a 12-month view.
HSBC expects the Pound will be able to hold its ground and forecasts an end-2024 rate of 1.1630.
Exchange Rates UK Research brings you the latest institutional forecasts (Danske Bank, HSBC, MUFG, Nordea, Soc...
CATEGORIES: Pound Euro Forecasts
Pound to Euro Forecast: 1.1495 in Next Six Months
21 Dec 2023 at 6 PM - Written by David Woodsmith
STORY LINK Pound to Euro Forecast: 1.1495 in Next Six Months
GBP/EUR Exchange Rate Posts Fresh December Lows Amid On-Going Shift in Bank of England Expectations
The Pound overall has drifted lower in global markets over the past 24 hours, although ranges have been relatively narrow.
The Pound to Euro (GBP/EUR) exchange rate was unable to regain losses on Wednesday and retreated to fresh...
CATEGORIES: Pound Euro Forecasts